Announcement
09 Nov 2011
In November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vard Niteroi SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
09 Nov 2011
Revocation date:
No revocation date
State loan
In force
On 9 November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 52 million (approx. USD 28 million) loan to Vard Niteroi SA. The loan was issued under th...
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Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 52 million (approx. USD 28 million) loan to Vard Niteroi SA granted on 9 November 2011 by the National Bank...
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